方洪波：我们总有道路，前程崭新

Core Insights - Midea Group's Chairman Paul Fang emphasized the company's resilience and strategic direction in his 2026 New Year address, highlighting the achievements of 2025 despite global challenges and expressing confidence in overcoming future obstacles [1][23][48] Group 1: Global Challenges and Company Progress - In 2025, Midea faced a turbulent global political and economic environment but continued to advance by adhering to a strategy of simplification for growth and self-disruption to meet challenges [2][27] - The company made significant strides in technology leadership, product innovation, and global impact across various business segments, including smart home, industrial technology, and healthcare [4][29][49] Group 2: Business Segments and Innovations - Midea's smart home segment introduced the first AI Butler and led the air conditioning industry with advanced AI interaction technologies, while also launching innovative products like a 45CM ultra-thin refrigerator [4][29] - In industrial technology, Midea focused on key components for HVAC and robotics, launching new products and establishing manufacturing bases in Mexico and Brazil [4][29][49] - The healthcare sector saw the establishment of a dedicated division, with significant innovations such as the world's first full-chain AI platform for MRI and the acquisition of Carestream International [5][30][49] Group 3: Strategic Focus for 2026 - Midea's strategy for 2026 centers on "Core-Focused Growth," emphasizing core businesses, markets, and capabilities to create a sustainable growth relay between ToC and ToB operations [31][50] - The company aims to solidify its leadership in white goods and HVAC, targeting top global positions through continuous innovation and enhanced user experience [6][31][50] - Secondary core businesses, including robotics, energy, and healthcare, will be strategically developed to ensure resilience across economic cycles [34][50] Group 4: Efficiency and Globalization - Midea plans to enhance efficiency across its value chain, focusing on cost leadership and digitalization to improve decision-making and operational efficiency [39][50] - The company will implement an OBM-first strategy to strengthen its global presence, emphasizing localization in R&D, manufacturing, and supply chains in key regions [39][50] Group 5: Embracing Change and Future Opportunities - Midea recognizes the necessity of continuous self-reinvention and the courage to disrupt existing patterns to foster growth amid fierce competition [40][51] - The company is committed to maintaining an enterprising spirit and adapting to changing market demands, ensuring that innovation and self-improvement remain central to its identity [44][51] - Midea believes that by focusing on core strengths and embracing change, every direction will lead to new opportunities for growth [45][51]